Residence Valencia, Spain Name Juan Roig Net worth 5.3 billion USD (2015) | Nationality Spanish Role Businessman Spouse Hortensia Herrero | |
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Full Name Juan Roig Alfonso Born 8 October 1949 (age 74) ( 1949-10-08 ) Valencia, Spain Occupation Owner & President of Mercadona Children Amparo Roig Herrero, Hortensia Roig Herrero, Juana Roig Herrero, Carolina Roig Herrero Siblings Fernando Roig Alfonso, Francisco Roig Alfonso Parents Trinidad Alfonso Mocholi, Francisco Roig Balllester Similar People Fernando Roig Alfonso, Amancio Ortega Gaona, Francisco Roig Alfonso | ||
Ponencia de juan roig mercadona en el congreso de aecoc 2013 parte 1
Juan Roig Alfonso (born 8 October 1949) is a Spanish billionaire businessman, president of Mercadona, the Spanish supermarket chain.
Contents
- Ponencia de juan roig mercadona en el congreso de aecoc 2013 parte 1
- El intermedio 08 03 12 presidente de mercadona juan roig
- Early life
- Business career
- Personal wealth
- Personal and family life
- Philanthropy
- References
El intermedio 08 03 12 presidente de mercadona juan roig
Early life
Juan Roig was born on 8 October 1949 in Valencia. He studied in a Jesuit school in Valencia, then in a boarding school, and graduated in economics at Valencia, but was not an outstanding student. His parents ran a chain of eight butchers' shops (Carnicas Roig) in La Pobla de Farnals, later converted to grocery stores.
Business career
With three of his five brothers, Juan Roig bought the shops from his parents in 1981. Later he largely bought out his brothers, and went on to build up the Mercadona supermarket chain, which now runs over 1,400 stores. His success in retail has been based on a risky strategy of competitive pricing.
Personal wealth
Forbes magazine in October 2013 reported that Roig was worth 5,800 million euros, the second largest fortune in Spain. This in fact is the estimated value of the 78% stake in Mercadona jointly owned by himself and his wife. But since Mercadona shares are not publicly quoted, the figure is somewhat speculative. As of October 2015, Forbes estimated his net worth at US$5.3 billion.
Personal and family life
Roig teaches at a school for young entrepreneurs on Saturdays. He plays paddle tennis and watches basketball. At university he met Hortensia Herrero, and they were married in 1973. They have had four children - Amparo, twins Hortensia and Carolina, and Juana - and seven grandchildren. His wife is now vice-president of Mercadona.
He has been described as "timid, but a tough businessman" and as "a practical man, direct, austere, takes things seriously, his manner may appear cold if he does not trust the person he is talking to". Many aphorisms are ascribed to him, such as "in Spain we have to imitate the hard-working culture of the Chinese bazaars" and "you do not have to do a job that you like, but you have to make your job something you like doing".
Philanthropy
Through his wholly-owned company Alqueria Capital, Roig supports Proyecto Lanzadera, which helps young entrepreneurs set up their businesses and offers them space within the Lanzadera Business Centre, in Valencia. He also sponsors a basketball team, Pamesa Valencia (now called Valencia Basket).